SINGAPORE—China’s launch of its first homegrown aircraft carrier on Wednesday could be the beginning of a financial train wreck, according to carrier design and construction specialists.
Unless seriously revised, China’s plans for its future carrier force could become a major financial difficulty for the country. The resources poured into aircraft carriers are a massive budgetary burden, even in the United States, according to Andrew Marshall, former director of the Pentagon’s Office of Net Assessment.
China’s first “indigenous” aircraft carrier, assigned the hull number of CV-17, is expected to be named the Shandong and will be slightly larger at 70,000 tons than the …read more
Source: The Washington Free Beacon
